TAIPEI: International investments saw a net asset position of US$1.0539 trillion as of the end of last year, making the nation the fourth-largest net creditor after Japan, Germany and China, the central bank said in a report yesterday.
A nation’s international investment position is the balance sheet of the stock of residents’ financial assets and liabilities to the rest of the world. The report indicated that total external assets last year grew by US$65.25 billion, or 4.2 percent, from a year earlier, while total external liabilities decreased US$52.05 billion, or 8.2 percent, from a year earlier.
Overall, last year’s international investments were up US$117.3 billion, or 12.5 percent, from a year earlier, the report said, attributing the increase to overseas debt securities by insurance firms.
